NIFTY – AREA GAP

[Sivasubramaniyan B]

AREA/TRADING GAP FORMED BETWEEN 6260 – 6190.

THE GAP GETS FILLED IN A MONTH . NON TRENDING.

ITS FORMED WELL WITHIN THE BUYING & SELLING ZONES & SHOWS THE

PHASE OF THE TREND

[EQSIS]

The GAP indicated as per the Chart is inside the AREA, but in just few days it breached its support zone, hence it can be suspected as breakout GAP but it lacked volume.

One month duration to fill the gap is too much..

For me this particular GAP was difficult to interpret / trade, probably this would have made technical trader to lose some money here….

[Sivasubramaniyan B]

REGARDING THE DURATION I WAS NOT SURE. BUT THE VOLUME WAS LOW. AS U SAID THIS COULD LEAD TO

LOSS FOR TECHNICAL TRADERS IF THEY THINK IT IS BREAKOUT GAP

THANK YOU

[Udayarka Pakala]

Do we have a trade plan for this pattern?, Please advise. Thanks

[Sivasubramaniyan B]

Hi

There is no trade plan for area gap. We are just studying the market. Thats it

Thanks

[Author]

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